You would think Henry Waxman would have learned from the Part D debacle but here he goes again claiming that Medicare "would have saved almost $15 billion this year if the drug plans had administrative costs similar to traditional Medicare's hospital and physician coverage, and discounts on drugs similar to those obtained by the government in Medicaid, the state-federal program for the poor."
This from a "draft" obtained by Sarah Lueck of the WSJ.
http://online.wsj.com/article/SB119222916919857858.html
We all know how reliable Waxman's savings estimates are. Remember the $200 billion in savings from using the VA restrictive formulary approach and the $70 billion in savings from follow-on biologics. So here comes Waxman raking in $150 over ten years through price controls and restrictive formularies ala Medicaid.
I hope the Democrats go down the "Destroy Part D" path again. It was fun last time.
This from a "draft" obtained by Sarah Lueck of the WSJ.
http://online.wsj.com/article/SB119222916919857858.html
We all know how reliable Waxman's savings estimates are. Remember the $200 billion in savings from using the VA restrictive formulary approach and the $70 billion in savings from follow-on biologics. So here comes Waxman raking in $150 over ten years through price controls and restrictive formularies ala Medicaid.
I hope the Democrats go down the "Destroy Part D" path again. It was fun last time.
